Trading In vs. Selling Yourself

If you’re considering getting a new car to drive around Cartersville, then you’ve likely been considering what to do with your current vehicle. While weighing the benefits of trading in vs. selling yourself, keep these tips from Riverside Hyundai in mind!

Down Payment on a New Vehicle

When you decide to trade in your current vehicle rather than selling it on your own, you get the benefit of directly applying the amount offered by the dealership to offset the cost of your new vehicle. You can even value your trade with Riverside Hyundai before visiting the dealership to get a sense of how much you can expect for your current model to go toward your next car purchase.

Easier Process

If you want a hassle-free experience, then trading in your car is the way to go. All you have to do is take your car to the dealership, where you will receive an offer and put that money toward buying a new car. You won’t even have to manage any paperwork, since the dealer will take care of it. Simply put, you drive in with your old car and drive back to Cedartown in your new one.

Lower Taxes

Most states only require that you pay sales tax based on the difference between the trade-in value of your old car and the purchase price of the new one. For example, if you trade your car for $10,000, and you spend $15,000 on a new one, then you’ll only pay taxes on the $5,000 difference. However, if you sell your car on your own and then go to purchase the new vehicle for $15,000, you’ll be charged tax on the full $15,000.

Finance Your Next Vehicle at Riverside Hyundai

Get in touch with Riverside Hyundai to find out how you can finance your next vehicle at our dealership! Our experienced staff can also help you with the process of trading in your current model!